AUB Earnings Prediction
The chart below shows how AUB performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AUB sees a -0.31% change in stock price 10 days leading up to the earnings, and a -1.10% change 10 days following the report. On the earnings day itself, the stock moves by -1.72%. This data can give you a slight idea of what to expect for the next quarter's release.
AUB Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
201.47M
46.58%
3.95%
Gross Margin
--
--
--
Operating Margin
46.35%
68.36%
35.37%
Net Margin
37.93%
-3.49%
192.22%
EPS
0.82
20.59%
228.00%
No Data Available
AUB Earnings Analysis
Atlantic Union Bankshares Corp Corporation (AUB.N) Earnings Conference Call
Positive
Earnings Surge: Adjusted operating earnings available to common shareholders increased by 32.3% from Q2 2024, reaching $74.5 million, with earnings per common share at $0.83.
Strong Profitability Indicator: The adjusted operating return on tangible common equity was 19.2% in Q3 2024, indicating strong profitability and effective capital utilization.
Non-Interest Income Increase: Non-interest income rose by $10.5 million to $34.3 million in Q3 2024, driven by increased operating income and bank-owned life insurance income.
Deposit Growth Strategy: Total deposits grew by approximately 6.1% annualized, reaching $20.3 billion, reflecting strong customer engagement and deposit growth strategies.
Merger Enhances Regional Bank Growth: The merger with Sandy Spring Bancorp is expected to create the largest regional bank in the Mid Atlantic, enhancing growth potential and shareholder value through increased scale and profitability.
Negative
Loan Growth Slowdown: Linked quarter annualized loan growth was relatively flat, ending down 0.2%, indicating a slowdown in lending activity.
Credit Loss Provision Decline: The provision for credit losses decreased significantly to $2,600,000 from $21,800,000 in the prior quarter, suggesting a potential deterioration in loan quality expectations.
Decline in Net Interest Income: Tax equivalent net interest income fell by approximately $1,500,000 or less than 1% from the 2nd quarter, reflecting pressure on interest income generation.
Net Interest Margin Decline: The 3rd quarter's tax equivalent net interest margin decreased by 8 basis points to 3.38%, indicating a decline in profitability from interest-earning assets.
Loan Investment Decline: Loans held for investments decreased by approximately $10,000,000 or 20 basis points annualized from the prior quarter, signaling challenges in maintaining loan balances.
AUB FAQs
How does AUB typically perform around its earnings report dates?
Is Earnings call transcript: Atlantic Union Q3 2024 reveals EPS beat, revenue miss positive or negative?
How can historical earnings data help predict future stock performance?
AUB Earning Call Sentiment
Earnings call transcript: Atlantic Union Q3 2024 reveals EPS beat, revenue miss
AUB.N
-1.09%Positive
The earnings call highlights strong financial performance with a 24.7% increase in net income and EPS, effective cost management, and increased deposits. The merger with Sandy Spring Bancorp is expected to enhance shareholder value and market presence. Despite some concerns about integration costs and asset quality normalization, management's optimistic guidance, especially regarding pro forma margin improvement, suggests positive sentiment. The market cap indicates moderate sensitivity to news, and the merger's strategic benefits are likely to outweigh short-term concerns, leading to a positive stock price reaction in the next two weeks.